How Much Did Add On Systems Raise?
Funding & Key Investors

Add On Systems has solidified its market position through a significant capital injection, bringing its total funding to $150K. This recent financing, totaling $150K, underscores the company's maturity as a late-stage player in the logistics software sector. By securing this major strategic investment, the firm is well-positioned to accelerate its development of real-time interfaces and telematics solutions tailored for the complex needs of modern truckload carriers.

What is Add On Systems?

Add On Systems
SoftwareSupply Chain Management (SCM) Software

Founded in 1993, Add On Systems operates as a specialized software developer dedicated to the trucking and logistics industry. The company provides a robust suite of tools, including mobile applications and management platforms, designed to optimize load management and fleet productivity. By focusing on seamless integration with existing enterprise systems, Add On Systems enables carriers to transition toward data-driven operations. Their core value proposition lies in enhancing operational efficiency and profitability through customizable, real-time information access, which remains a critical requirement for competitive freight management in the current economic climate.

How much funding has Add On Systems raised?

Add On Systems has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Add On Systems

PPP

Public-Private Partnership

What's next for Add On Systems?

With this late-stage capital, Add On Systems is expected to prioritize the scaling of its proprietary telematics and load optimization engines. The strategic roadmap likely involves deepening its footprint in the North American logistics market by expanding its suite of web-based management tools. As the industry faces increasing pressure to digitize supply chain workflows, the company is poised to leverage its long-standing domain expertise to capture additional market share. Future growth will likely center on enhancing interoperability between disparate fleet management systems, ensuring that their clients maintain a technological edge in an increasingly automated transportation landscape.

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Frequently Asked Questions Regarding Add On Systems Financial Insights

What are the most recent funding rounds that Add On Systems has completed, and what were the funding rounds?
Add On Systems has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Add On Systems has raised to date?
Add On Systems has raised a total of $150K in funding to date.
How many funding rounds has Add On Systems completed?
Add On Systems has completed 1 funding rounds.
How much funding did Add On Systems raise in its most recent funding round?
Add On Systems raised $150K in its most recent funding round.
Who are the lead investors in Add On Systems's latest funding round?
The lead investor in Add On Systems's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Add On Systems's history?
The largest funding round in Add On Systems's history was $150K.
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